"American-Ukrainian Agrarian Congress", Washington, USA
Jun 20, 2016

Global demand for Ukrainian wheat continues growing - APK-Inform




In July-March period of 2015/16 MY, Ukraine exported 12.9 mln tonnes of wheat, an increase of 34% compared with the same period of the previous MY (9.6 mln tonnes), and which became the absolute record per season.

It should be noted that the Ukrainian grain forms rather significant share in the purchasing structure of the countries included to the TOP-10 of the global importers.

In particular, in July-March of 2015/16 MY Egypt, which is the world leader in wheat imports, imported 1.6 mln tonnes of Ukrainian wheat, or 14% of the general import volumes forecasted by USDA experts (11 mln tonnes). At the same time, in 2014/15 MY Ukraine provided 22% of the Egyptian wheat imports, or 2.5 mln tonnes in absolute terms.

Also, in the current season Ukraine significantly increased wheat supplies to Indonesia, the EU and South Korea. So, during the first 9 months of the season Ukraine exported more than 1 mln tonnes of wheat to Indonesia, or 13% of the forecasted import volumes to the country (8.1 mln tonnes). The supplies to the EU-28 increased to 1.7 mln tonnes (against 1.5 mln tonnes in 2014/15 MY), or 28% of the forecasted imports in 2015/16 MY (6.3 mln tonnes). Also, in the reporting period Ukraine supplied nearly 1 mln tonnes of wheat in absolute terms to South Korea, or 23% of the forecasted wheat imports (4.5 mln tonnes).

You can receive more detailed information about the prospects for global trading with Ukrainian grains by visiting the IInd American-Ukrainian Agrarian Congress, to be held on June 20-21, in Washington, D.C. (USA).